Golden triangle asset leased to Countdown
243, Fraser Cove, City Centre, Tauranga
Price On Application
- Proposed Usage
- Floor Area
- 5958.00 m²
- Land Area
- 5767.00 m²
- Property ID
• Over 8.5 year lease term remaining to anchor tenant - Countdown, complemented by two additional tenancies
• Prime location within an established Tauranga retail hub
• Total net rental approximately $1,241,387pa + GST
Well located in the very heart of one of New Zealand's strongest regional economies. Leased to Countdown since 2009, this property has been recently externally repainted and new pharmacy added internally by the anchor tenant to ensure continued sales growth into the future.
Fraser Cove is a popular centrally located shopping destination catering to a wide customer base and demographic, anchored by a Countdown supermarket and The Warehouse. It also holds a strong base of major national retailers including Burger King, North Beach, Warehouse Stationery, Big Save Furniture and Kathmandu.
A fantastic, well located investment opportunity leased to an undoubted long term tenant. Call now for further details.